Browsing: oil

Svetoslav Benchev, chairman of the Bulgarian Oil and Gas Association (BOGA), expressed cautious optimism about oil prices during a conference marking the organization’s 25th anniversary. Despite…

Transnafta has launched a tender for services to assess the Serbia-Hungary oil pipeline project within the framework of international relations in Europe. The tender documentation outlines…

Rompetrol Rafinare, part of the KMG International Group, is enhancing operational efficiency at the Petromidia refinery with a $4 million investment. The company has completed a…

In the week ending October 4, Brent oil futures in the ICE market experienced notable fluctuations. The Front Month futures hit a weekly low of $71.77…

In the fourth week of September, Brent oil futures for the Front Month in the ICE market experienced declines across most sessions but maintained prices above…

Rompetrol Rafinare, part of the KMGI Group and operator of the Petromidia and Vega refineries, has received notification from the Constanta Court of Appeal regarding its…

Jadran-Naftagas, a subsidiary of the Serbian NIS, has applied for an environmental permit to exploit oil and gas in Obudovac, located in the municipality of Samac…

Serbian oil company NIS has embarked on a modernization initiative across all business segments, recently acquiring two new robotic drilling rigs valued at approximately €33 million.…

In the third week of September, Brent oil futures saw a steady increase in settlement prices across most trading sessions, remaining above $72 per barrel. The…

Vladislav Veselica, a member of the Management Board of state-owned oil transportation company JANAF, confirmed that the company has a take-or-pay contract with MOL for oil…